92nd General Assembly
Status of HB2566
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ZICKUS-SAVIANO-DAVIS,STEVE-WOJCIK-LINDNER.

(NOLAND-DELEO)

   30 ILCS 105/5.545 new                                                       
   225 ILCS 454/25-37 new                                                      

        Amends the Real Estate License Act of 2000 and the State  Finance      
   Act.    Creates the Real Estate Audit Fund.  Provides for the audit of      
   special accounts of moneys belonging to others held by  a  broker  and      
   for  an audit of the Real Estate Audit Fund upon the completion of any      
   audit of the Office of Banks and Real Estate. Provides that  money  in      
   the Real Estate Audit Fund may be invested in the same manner as funds      
   in the Real Estate Recovery Fund.  Effective immediately.                   
        HOUSE AMENDMENT NO. 1.                                                 
          Adds reference to:                                                   
          225 ILCS 454/1-10                                                    
          225 ILCS 454/5-20                                                    
          225 ILCS 454/10-10                                                   
          225 ILCS 454/20-60                                                   
          225 ILCS 454/25-14 new                                               
          225 ILCS 454/20-70 rep.                                              
        Changes the definition of "broker".  Exempts hotel operators from      
   the  broker,  salesperson,  or  leasing  agent  license   requirement.      
   Repeals  a  Section concerning the restoration of a license.  Provides      
   that the Office of Banks and Real Estate  may  restore  a  temporarily      
   suspended license upon written recommendation of the Board.                 
   FEB-26-2001  H  FILED WITH CLERK                                               
   FEB-27-2001  H  FIRST READING                            :REFERRED TO HOUSE    
   FEB-27-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-27-2001  H  ADDED AS A JOINT SPONSOR                 SAVIANO               
   FEB-28-2001  H       ASSIGNED TO COMMITTEE               REG & REG             
   MAR-01-2001  H  ADDED AS A JOINT SPONSOR                 DAVIS,STEVE           
   MAR-08-2001  H  DO PASS/SHORT DEBATE                     021-000-000   HREG    
   MAR-08-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAR-13-2001  H  ADDED AS A JOINT SPONSOR                 WOJCIK                
   MAR-22-2001  H                             AMENDMENT NO. 01-ZICKUS             
   MAR-22-2001  H                     AMENDMENT REFERRED TO HRUL                  
   MAR-22-2001  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   MAR-27-2001  H                             AMENDMENT NO. 01-ZICKUS             
   MAR-27-2001  H                           RULES REFERS TO HREG                  
   MAR-27-2001  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   MAR-28-2001  H                             AMENDMENT NO. 01-ZICKUS             
   MAR-28-2001  H  RECOMMENDS BE ADOPTED                    HREG/018-000-000      
   MAR-28-2001  H  SECOND READING-SHORT DEBATE                                    
   MAR-28-2001  H                             AMENDMENT NO. 01-ZICKUS             
   MAR-28-2001  H                                   ADOPTED                       
   MAR-28-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   APR-04-2001  H  ADDED AS A JOINT SPONSOR                 LINDNER               
   APR-05-2001  H  THIRD READING/SHORT DEBATE/PASSED        115-000-000           
   APR-05-2001  S  ARRIVE IN SENATE                                               
   APR-05-2001  S  PLACED CALENDAR ORDER OF FIRST READING   01-04-06              
   APR-05-2001  S  CHIEF SPONSOR                            NOLAND                
   APR-06-2001  S  FIRST READING                                                  
   APR-06-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   APR-09-2001  S  ADDED AS A CO-SPONSOR                    RADOGNO               
   APR-17-2001  S  ADDED AS A CO-SPONSOR                    BOWLES                
   APR-18-2001  S  ADDED AS A CHIEF CO-SPONSOR              DELEO                 
   APR-25-2001  S       ASSIGNED TO COMMITTEE               LICENSED ACT.         
   MAY-03-2001  S       DO PASS                             007-000-000   SLIC    
   MAY-03-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-05-08              
   MAY-08-2001  S  SECOND READING                                                 
   MAY-08-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-05-09              
   MAY-10-2001  S  THIRD READING - PASSED                   055-000-000           
   MAY-10-2001  H  PASSED BOTH HOUSES                                             
   JUN-08-2001  H  SENT TO THE GOVERNOR                                           
   AUG-02-2001  H  GOVERNOR APPROVED                                              
   AUG-02-2001  H                            EFFECTIVE DATE 01-08-02              
   AUG-02-2001  H  PUBLIC ACT.............................. 92-0217               

   END OF INQUIRY 



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